Ask a Question

Is Obama care based on adjusted gross income?

← Prev Question Next Question →
+1 vote
81 views
in Insurance by (82.5k points)
Is Obama care based on adjusted gross income?

My query is from medical insurance n y topic

I had been asked this question in semester exam.

Other related questions to my question are:

Is ObamaCare based on adjusted gross income?

Does ObamaCare use AGI or magi?

How are ObamaCare subsidies calculated?

Is ObamaCare based on last years income?

1 Answer

+1 vote
by (393k points)
selected by
 
Best answer
Correct answer for this question is: Under the Affordable Care Act, eligibility for Medicaid, premium subsidies, and cost-sharing reductions is based on modified adjusted gross income (MAGI). But the calculation for that is specific to the ACA – it's not the same as the MAGI that's used for other tax purposes.

The title of my answer can be What is modified adjusted gross income (MAGI)?

Related questions

+1 vote
1 answer
What income is Obama care based on?
asked Feb 26, 2022 in Insurance by Jefem (82.5k points)
+1 vote
1 answer
Is Obama care based on income or assets?
asked Feb 26, 2022 in Insurance by Jefem (82.5k points)
Welcome to TalkJarvis QnA, a question-answer community website for the people by the people. On TalkJarvis QnA you can ask your doubts, curiosity, questions and whatever going in your mind either related to studies or others. Experts and people from different fields will answer.

Most popular tags

biology – class 12 biology – class 11 construction & building materials chemistry – class 12 electronic devices & circuits network theory data structures & algorithms ii cell biology ic engine insurance finance money computational fluid dynamics engineering physics i discrete mathematics chemistry – class 11 aerodynamics casting-forming-welding i engineering mathematics operating system casting-forming-welding ii engineering drawing mysql engineering geology digital circuits wireless mobile energy management electrical measurements digital communications cyber security analytical instrumentation embedded systems electric drives cytogenetics advanced machining computer fundamentals life sciences basic civil engineering iot design of electrical machines physics – class 12 applied chemistry dairy engineering basic chemical engineering cloud computing microprocessor bioinformatics aircraft design aircraft maintenance software engineering drug biotechnology digital signal processing biochemistry data structures & algorithms i automotive engine design avionics engineering material & metallurgy energy engineering cognitive radio unix electrical machines biomedical instrumentation object oriented programming electromagnetic theory power electronics analog communications bioprocess engineering civil engineering drawing engineering metrology physics – class 11 mathematics – class 12 engineering chemistry i basic electrical engineering unit processes mongodb signals and systems cryptograph & network security hadoop mathematics – class 11 engineering physics ii html control systems engineering mechanics antennas analog circuits computer network java sql server javascript concrete technology chemical process calculation artificial intelligence design of steel structures c++ database management computer architecture engineering chemistry ii corrosion engineering chemical technology dc machines
Powered by TalkJarvis
...